Report forecast the global commercial aircraft
aftermarket parts market to grow at a CAGR of 5.81% over the period 2014-2019.
Aircraft aftermarket parts are mainly used in the
maintenance and upgrade of an aircraft after it is manufactured (out of the
factory). Since aircraft remain in service for many years and has to comply
with strict regulations, it has to be maintained and repaired at regular
intervals. This requires a reliable supply chain of aftermarket parts to
prevent aircraft on ground (AOG) situations. Aftermarket parts are mainly
utilized for maintenance, repair, and operations (MRO) activities and also as
rotable scrap replacement. Aftermarket parts are manufactured by original
equipment manufacturers (OEM) as well as parts manufacturer approval (PMA)
vendors.
The report covers the present scenario and the
growth prospects of the global commercial aircraft aftermarket parts market for
the period 2015-2019. The report provides a global overview as well as growth
prospects by region (Americas, APAC, and EMEA). The report also present market
segment analysis based on application (MRO parts and rotable scrap replacement)
and by aircraft size configuration.
According to the report, airlines, as well as MRO
providers and third-party companies, usually maintain inventory of aircraft
spare parts to support aircraft fleet spare part requirements and to prevent AOG
situations, which would otherwise result in loss of thousands of dollars per
hour. Similarly, a rise in global online aviation spare part platforms and
growing involvement of OEMs providing total care programs, to attract customers
and capture a share of this lucrative market, are facilitating growth of the
market.
Further, the report states that customs delays and
high taxes for aircraft parts are one of the major challenges for this market.
Global Commercial Aircraft Aftermarket Parts
Market 2015-2019, has been prepared based on an in-depth market analysis
with inputs from industry experts. The report covers the Americas, APAC, and
EMEA; it includes the market landscape and its growth prospects in the coming
years. The report includes a discussion of the key vendors operating in this
market.
key players in the Global Commercial Aircraft
Aftermarket Parts Market: AAR, Eaton, GE, Honeywell and Rockwell Collins
Other Prominent Vendors in the market are: AJW
Aviation, Aviall, BE Aerospace, BF Goodrich, Meggitt, Parker-Hannifin and Pratt
& Whitney.
Key Regions
- Americas
- APAC
- EMEA
Key Market Driver
- Growing Utilization of PMA Parts by Airlines and MRO Providers
- For a full, detailed list, view our report
Key Market Challenge
- Difficulties with PMA Parts and DER Repairs
- For a full, detailed list, view our report
Key Market Trend
- Improved Regulatory Scenario
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 78 pages and 35 Exhibits
“Global
Commercial Aircraft Aftermarket Parts Market 2015-2019” report covers Executive
Summary, List of Abbreviations, Scope of the Report, Market Research Methodology,
Introduction, Market Landscape, Global Aerospace and Defense Supply Chain
System, Market Segmentation by Application, Market Segmentation by Aircraft,
Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and
their Impact, Market Challenges, Impact of Drivers and Challenges, Market
Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4VQ
Find all Aftermarket Reports at: http://www.marketresearchreports.com/aftermarket
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